Nifty is currently placed at the hurdle of 23,400-23,500 levels, This is weighing high for the market to sustain the new all-time highs which creates a possibility of dip in the market. Immediate support is at 23,050.
Indian markets tumbled on Friday, mirroring global anxieties over the US Federal Reserve’s projected slower rate cuts. Heavy selling in financial and IT stocks pushed
Foreign Portfolio Investors (FPIs) focused on selling financials and oil & gas stocks in 2024, resulting in significant sectoral outflows. Outlook for 2025 suggests moderate
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